Table 1 MACRS Holf_Van Canwant:_. Required information Problem 10-57 (LO 10-2, LO 10-3) (Algo) [The following information applies to the questions displayed below] Assume that TDW Corporation (calendar-year-end) has 2023 taxable income of $684,000 for purposes of computing the 5179 expense. The company acquired the following assets during 2023: (Use MACRS Table 1, Table 2. Table 3, Table 4. and Table 5.) Problem 10-57 Part a (Algo) a. What is the maximum amount of $179 expense TDW may deduct for 2023 ? TABLE 3 Residential Rental Property Mid-Month Convention Straight Line-27.5 Years Required information Problem 10-57 (LO 10-2, LO 10-3) (Algo) [The following information applies to the questions displayed below] Assume that TDW Corporation (calendar-year-end) has 2023 taxable income of $684,000 for purposes of computing the 5179 expense. The company acquired the following assets during 2023: (Use MACRS Table 1, Table 2. Table 3, Table 4. and Table 5. .) Problem 10-57 Part b (Algo) b. What is the maximum total depreciation, including $179 expense, that TDW may deduct in 2023 on the assets it placed in service in 2023, assuming no bonus depreciation? Note: Round your intermediate calculations and final answer to the nearest whole dollar amount. \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{13}{|c|}{ Month Froperty Placed in Service } \\ \hline & Noethi 1 & Menth 2 & Menth 3 & Menth 4 & Month 5 & Menth 6 & Menth 7 & Month 8 & Month 9 & Month 10 & Mench & Month 12 \\ \hline Year 1 & 3042% & 27% & 25t99 & 2249 & 1.964% & 17300 & 1.4554 & 11908 & 096% & 0.661% & 0397 & 0.13% \\ \hline Year 27 & 3.175 & 3.75 & 3.175 & 3.175 & 3.175 & 3.175 & 3.175 & 3.175 & 3.173 & 3.175 & 3.175 & 3.175 \\ \hline Year 8 & 3.175 & 3.174 & 3.175 & 3.174 & 3.175 & 3.174 & 3.175 & 3.175 & 3175 & 3175 & 3.175 & 3175 \\ \hline Year 9 & 3.174 & 3.175 & 3.174 & 3.175 & 3.174 & 3.175 & 3.174 & 3.175 & 3.174 & 3175 & 3.174 & 3.175 \\ \hline Vrar 10 & 3.175 & 3174 & 3175 & 3.174 & 3.175 & 3.174 & 3.175 & 3.174 & 3.175 & 3174 & 3.175 & 3174 \\ \hline Vrar 11 & 3174 & 3.175 & 3.174 & 3.175 & 3.174 & 3.175 & 3.174 & 3175 & 3174 & 3125 & 3.174 & 3.175 \\ \hline Year 12 & 3175 & 3.174 & 3.175 & 3,174 & 3.175 & 3174 & 3.75 & 3.124 & 3175 & 3.134 & 3.175 & 3.174 \\ \hline Vrar 13 & 3.174 & 3175 & 3.174 & 0.175 & 3.174 & 3175 & 3.174 & 3.175 & 3.124 & 3.175 & 3.174 & 3175 \\ \hline Year 14 & 3.175 & 3.174 & 3.175 & 3.174 & 3.175 & 3.174 & 3.175 & 3.174 & 3.179 & 3.174 & 3.175 & 3114 \\ \hline Vear is & 3.174 & 3.173 & 3.174 & 3.173 & 3174 & 3.173 & 3.174 & 3.175 & 3174 & 3173 & 3174 & 3.175 \\ \hline Year 16 & 3.175 & 3.174 & 3.173 & 3.174 & 3,173 & 3174 & 2.175 & 3.174 & 3175 & 3124 & 3175 & 3174 \\ \hline Year 17 & 3.174 & 3.179 & 3.174 & 3173 & 3.174 & 3.175 & 3174 & 1123 & 1174 & 3175 & 3.174 & 3173 \\ \hline Year is & 3.175 & 3.174 & 3.175 & 3174 & 3173 & 3.174 & 3173 & 3174 & 3.175 & 3124 & & 3.134 \\ \hline Vear 19 & 3174 & 3.173 & 3174 & 3175 & 3.174 & 3173 & 317 & 3.123 & 317 & 3.175 & 3.174 & 3193 \\ \hline Vear 20 & 3.173 & 3.174 & 3175 & 3.174 & & 317 & 3.73 & 317 & 3.175 & 3.174 & 3175 & 3.174 \\ \hline Vear 21 & 3174 & 3.175 & 3174 & 3178 & 3174 & 3173 & 3124 & 13.175 & 3.134 & 3.173 & 314 & 3.173 \\ \hline Vrar 22 & 3.175 & 3374 & 3.175 & 314 & 3175 & 3.174 & 3175 & 3.14 & 1173 & 3.17 & 3.135 & 317 \\ \hline Vear 23 & 3.174 & 3175 & 3174 & 3173 & 317 & Ints & 312 & 3115 & 3174 & 3.175 & 324 & 3175 \\ \hline Vear 24 & & 3.174 & 3175 & 3.174 & 3175 & 3114 & 3113 & 3174 & 312 & 3114 & 313 & 3m \\ \hline Vear 25 & 3174 & 3.173 & 3.174 & 3175 & 317 & 3.59 & 374 & 3175 & 3114 & 3175 & 1174 & 3.178 \\ \hline Vear 26 & 3.175 & 3174 & 3.175 & 3.134 & 3173 & 3124 & 3.175 & 313 & 3.174 & 3 & 3 its & 317 \\ \hline Year 27 & 3.174 & 3.175 & 3.174 & 3.175 & 3174 & 3175 : & 317 & 3.175 & 3114 & 3175 & 3114 & 3.175 \\ \hline Vear 25 & 3125 & 3174 & 3.175 & 3.174 & 3.174 & 114 & 3.175 & 317 & 3.175 & 1.174 & 3 its & 3134 \\ \hline Wear 29 & 3174 & 3175 & 3174 & 3175 & 3174 & 3175 & 3.174 & 3123 & 3.174 & 3173 & & \\ \hline Vear 30 & 317 & 3.17 & 3175 & 317 & 3.m & & 3175 & 117 & 3.17 & 117 & 317 & 317 \\ \hline Vear 31 & 3124 & 3.175 & 3174 & 3173 & 3174 & 3173 & 317 & 3.13 & 315 & 3.175 & 1174 & 3.135 \\ \hline & 1720 & ros & 2349 & 7513 & 277 & 3042 & 3.173 & 3114 & & 3174 & 3(7) & 1174 \\ \hline \end{tabular} ABLE 2a MACRS Mid-Quarter Convention: For property placed in service during the first quarter \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ Depreciation Rate for Recovery Period } \\ \hline & 5-Year & 7-Year \\ \hline Year 1 & 35.00% & 25.00% \\ \hline Year 2 & 26.00 & 21.43 \\ \hline Year 3 & 15.60 & 15.31 \\ \hline Year 4 & 11.01 & 10.93 \\ \hline Year 5 & 11.01 & 8.75 \\ \hline Year 6 & 1.38 & 8.74 \\ \hline Year 7 & & 8.75 \\ \hline Year 8 & & 1.09 \\ \hline \end{tabular} TABLE 2b MACRS Mid-Quarter Convention: For property placed in service during the second quarter \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ Depreciation Rate for Recovery Period } \\ \hline & 5-Year & 7-Year \\ \hline Year 1 & 25.00% & 17.85% \\ \hline Year 2 & 30.00 & 23.47 \\ \hline Year 3 & 18.00 & 16.76 \\ \hline Year 4 & 11.37 & 11.97 \\ \hline Year 5 & 11.37 & 8.87 \\ \hline Year 6 & 4.26 & 8.87 \\ \hline Year 7 & & 8.87 \\ \hline Year 8 & & 3.34 \\ \hline \end{tabular} TABLE 5 Noeresidential Real Property Mid-Menth Conventioe Straizht Line - 39 Years (for aswets placed in service oe or after May 13, 1993) \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{13}{|c|}{ Menth Property Maced in Service } \\ \hline & Month 1 & Menth 2 & Nonth 3 & Menth 4 & Mooth s: & Month 6 & Menth? & Manth 8 & Meath 9 & Month 10 & Manth II & Month 12 \\ \hline Year 1 & 2.461% & 2247% & 20334 & 1319 & 1.605% & 1998 & 1.1776 & 0.963% & 0.748 & 05358 & 0.3215 & 0.1078 \\ \hline Year 2-30 & 2564 & 2564 & 2564 & 2.564 & 2564 & 2.64 & 2564 & 2564 & 2564 & 2564 & 2564 & 2564 \\ \hline Vear 40 & 0.107 & 0321 & 0.531 & 0.749 & 0.963 & 1.1n & 1391 & 1605 & 1819 & 2033 & 2247 & 246! \\ \hline \end{tabular} TABLE 2c MACRS Mid-Quarter Convention: For property placed in service during the third quarter TABLE 2d MACRS-Mid Quarter Convention: For property placed in service during the fourth quarter Table 1 MACRS Holf_Van Canwant:_. Required information Problem 10-57 (LO 10-2, LO 10-3) (Algo) [The following information applies to the questions displayed below] Assume that TDW Corporation (calendar-year-end) has 2023 taxable income of $684,000 for purposes of computing the 5179 expense. The company acquired the following assets during 2023: (Use MACRS Table 1, Table 2. Table 3, Table 4. and Table 5.) Problem 10-57 Part a (Algo) a. What is the maximum amount of $179 expense TDW may deduct for 2023 ? TABLE 3 Residential Rental Property Mid-Month Convention Straight Line-27.5 Years Required information Problem 10-57 (LO 10-2, LO 10-3) (Algo) [The following information applies to the questions displayed below] Assume that TDW Corporation (calendar-year-end) has 2023 taxable income of $684,000 for purposes of computing the 5179 expense. The company acquired the following assets during 2023: (Use MACRS Table 1, Table 2. Table 3, Table 4. and Table 5. .) Problem 10-57 Part b (Algo) b. What is the maximum total depreciation, including $179 expense, that TDW may deduct in 2023 on the assets it placed in service in 2023, assuming no bonus depreciation? Note: Round your intermediate calculations and final answer to the nearest whole dollar amount. \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{13}{|c|}{ Month Froperty Placed in Service } \\ \hline & Noethi 1 & Menth 2 & Menth 3 & Menth 4 & Month 5 & Menth 6 & Menth 7 & Month 8 & Month 9 & Month 10 & Mench & Month 12 \\ \hline Year 1 & 3042% & 27% & 25t99 & 2249 & 1.964% & 17300 & 1.4554 & 11908 & 096% & 0.661% & 0397 & 0.13% \\ \hline Year 27 & 3.175 & 3.75 & 3.175 & 3.175 & 3.175 & 3.175 & 3.175 & 3.175 & 3.173 & 3.175 & 3.175 & 3.175 \\ \hline Year 8 & 3.175 & 3.174 & 3.175 & 3.174 & 3.175 & 3.174 & 3.175 & 3.175 & 3175 & 3175 & 3.175 & 3175 \\ \hline Year 9 & 3.174 & 3.175 & 3.174 & 3.175 & 3.174 & 3.175 & 3.174 & 3.175 & 3.174 & 3175 & 3.174 & 3.175 \\ \hline Vrar 10 & 3.175 & 3174 & 3175 & 3.174 & 3.175 & 3.174 & 3.175 & 3.174 & 3.175 & 3174 & 3.175 & 3174 \\ \hline Vrar 11 & 3174 & 3.175 & 3.174 & 3.175 & 3.174 & 3.175 & 3.174 & 3175 & 3174 & 3125 & 3.174 & 3.175 \\ \hline Year 12 & 3175 & 3.174 & 3.175 & 3,174 & 3.175 & 3174 & 3.75 & 3.124 & 3175 & 3.134 & 3.175 & 3.174 \\ \hline Vrar 13 & 3.174 & 3175 & 3.174 & 0.175 & 3.174 & 3175 & 3.174 & 3.175 & 3.124 & 3.175 & 3.174 & 3175 \\ \hline Year 14 & 3.175 & 3.174 & 3.175 & 3.174 & 3.175 & 3.174 & 3.175 & 3.174 & 3.179 & 3.174 & 3.175 & 3114 \\ \hline Vear is & 3.174 & 3.173 & 3.174 & 3.173 & 3174 & 3.173 & 3.174 & 3.175 & 3174 & 3173 & 3174 & 3.175 \\ \hline Year 16 & 3.175 & 3.174 & 3.173 & 3.174 & 3,173 & 3174 & 2.175 & 3.174 & 3175 & 3124 & 3175 & 3174 \\ \hline Year 17 & 3.174 & 3.179 & 3.174 & 3173 & 3.174 & 3.175 & 3174 & 1123 & 1174 & 3175 & 3.174 & 3173 \\ \hline Year is & 3.175 & 3.174 & 3.175 & 3174 & 3173 & 3.174 & 3173 & 3174 & 3.175 & 3124 & & 3.134 \\ \hline Vear 19 & 3174 & 3.173 & 3174 & 3175 & 3.174 & 3173 & 317 & 3.123 & 317 & 3.175 & 3.174 & 3193 \\ \hline Vear 20 & 3.173 & 3.174 & 3175 & 3.174 & & 317 & 3.73 & 317 & 3.175 & 3.174 & 3175 & 3.174 \\ \hline Vear 21 & 3174 & 3.175 & 3174 & 3178 & 3174 & 3173 & 3124 & 13.175 & 3.134 & 3.173 & 314 & 3.173 \\ \hline Vrar 22 & 3.175 & 3374 & 3.175 & 314 & 3175 & 3.174 & 3175 & 3.14 & 1173 & 3.17 & 3.135 & 317 \\ \hline Vear 23 & 3.174 & 3175 & 3174 & 3173 & 317 & Ints & 312 & 3115 & 3174 & 3.175 & 324 & 3175 \\ \hline Vear 24 & & 3.174 & 3175 & 3.174 & 3175 & 3114 & 3113 & 3174 & 312 & 3114 & 313 & 3m \\ \hline Vear 25 & 3174 & 3.173 & 3.174 & 3175 & 317 & 3.59 & 374 & 3175 & 3114 & 3175 & 1174 & 3.178 \\ \hline Vear 26 & 3.175 & 3174 & 3.175 & 3.134 & 3173 & 3124 & 3.175 & 313 & 3.174 & 3 & 3 its & 317 \\ \hline Year 27 & 3.174 & 3.175 & 3.174 & 3.175 & 3174 & 3175 : & 317 & 3.175 & 3114 & 3175 & 3114 & 3.175 \\ \hline Vear 25 & 3125 & 3174 & 3.175 & 3.174 & 3.174 & 114 & 3.175 & 317 & 3.175 & 1.174 & 3 its & 3134 \\ \hline Wear 29 & 3174 & 3175 & 3174 & 3175 & 3174 & 3175 & 3.174 & 3123 & 3.174 & 3173 & & \\ \hline Vear 30 & 317 & 3.17 & 3175 & 317 & 3.m & & 3175 & 117 & 3.17 & 117 & 317 & 317 \\ \hline Vear 31 & 3124 & 3.175 & 3174 & 3173 & 3174 & 3173 & 317 & 3.13 & 315 & 3.175 & 1174 & 3.135 \\ \hline & 1720 & ros & 2349 & 7513 & 277 & 3042 & 3.173 & 3114 & & 3174 & 3(7) & 1174 \\ \hline \end{tabular} ABLE 2a MACRS Mid-Quarter Convention: For property placed in service during the first quarter \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ Depreciation Rate for Recovery Period } \\ \hline & 5-Year & 7-Year \\ \hline Year 1 & 35.00% & 25.00% \\ \hline Year 2 & 26.00 & 21.43 \\ \hline Year 3 & 15.60 & 15.31 \\ \hline Year 4 & 11.01 & 10.93 \\ \hline Year 5 & 11.01 & 8.75 \\ \hline Year 6 & 1.38 & 8.74 \\ \hline Year 7 & & 8.75 \\ \hline Year 8 & & 1.09 \\ \hline \end{tabular} TABLE 2b MACRS Mid-Quarter Convention: For property placed in service during the second quarter \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ Depreciation Rate for Recovery Period } \\ \hline & 5-Year & 7-Year \\ \hline Year 1 & 25.00% & 17.85% \\ \hline Year 2 & 30.00 & 23.47 \\ \hline Year 3 & 18.00 & 16.76 \\ \hline Year 4 & 11.37 & 11.97 \\ \hline Year 5 & 11.37 & 8.87 \\ \hline Year 6 & 4.26 & 8.87 \\ \hline Year 7 & & 8.87 \\ \hline Year 8 & & 3.34 \\ \hline \end{tabular} TABLE 5 Noeresidential Real Property Mid-Menth Conventioe Straizht Line - 39 Years (for aswets placed in service oe or after May 13, 1993) \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{13}{|c|}{ Menth Property Maced in Service } \\ \hline & Month 1 & Menth 2 & Nonth 3 & Menth 4 & Mooth s: & Month 6 & Menth? & Manth 8 & Meath 9 & Month 10 & Manth II & Month 12 \\ \hline Year 1 & 2.461% & 2247% & 20334 & 1319 & 1.605% & 1998 & 1.1776 & 0.963% & 0.748 & 05358 & 0.3215 & 0.1078 \\ \hline Year 2-30 & 2564 & 2564 & 2564 & 2.564 & 2564 & 2.64 & 2564 & 2564 & 2564 & 2564 & 2564 & 2564 \\ \hline Vear 40 & 0.107 & 0321 & 0.531 & 0.749 & 0.963 & 1.1n & 1391 & 1605 & 1819 & 2033 & 2247 & 246! \\ \hline \end{tabular} TABLE 2c MACRS Mid-Quarter Convention: For property placed in service during the third quarter TABLE 2d MACRS-Mid Quarter Convention: For property placed in service during the fourth quarter
